A GIANT container yard for empties has opened in the Yangshan Special Comprehensive Bonded Zone in the Port of Shanghai, reports London's Port Technology.
The yard is expected to handle a throughput of three million TEU annually and it is expected to expand the port's handling capability, boost domestic and foreign trade, and solidify Shanghai's status as an international shipping centre, official sources said.
"The new centre will help us to apply digitalised and intelligent management to promote communications between ports and shipping enterprises, so as to provide empty container services for shipping operators as well as customers in northeast Asia, along the Yangtze River Delta region, and areas along the Yangtze River," said Gu Jinshan, chairman of the Shanghai International Port Group (SIGP), who operates the port.
According to the port, the launch of the centre means more empty containers will be allocated to the Yangtze River Delta region and surrounding coastal ports via water routes, highways, and railways.
Construction works for the centre began in August 2021, jointly developed with Maersk, CMA CGM, MSC and Evergreen.
Despite disruptions brought by Covid, the Shanghai port saw a steady container throughput growth from January to August, with a traffic of 26.8 million TEU from January to July.
"As the world's largest container port, the Shanghai port is speeding up the construction of a global shipping network together with ports around the Yangtze River Delta region," said Zhao Yihuai, deputy director of Lin-gang Special Area Administration.
"The centre will further raise the resource allocation efficiency of the Shanghai port and contribute to the Shanghai port's global competitiveness and international influence."
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